earnings
confidence high
sentiment positive
materiality 0.75
Ducommun Q2 revenue $160.2M, EPS $0.69; wins Airbus titanium contract
DUCOMMUN INC /DE/
2021-Q2 EPS reported
$1.23
revenue$317,343,000
- Revenue $160.2M, up 8.7% YoY; net income $8.4M ($0.69 diluted) vs $5.1M ($0.43) a year ago.
- Gross margin expanded 80 bps to 23.0%, highest in over a decade; adjusted EBITDA $23.4M (14.6% of revenue).
- Selected as Airbus Detail Parts Partner and awarded 5-year contract for titanium on A320/A330 platforms.
- Military & space revenue up $18.5M; commercial aerospace down $2.1M YoY.
- Electronic Systems segment revenue $102.8M (+11.7% YoY); Structural Systems $57.4M (+3.6% YoY).